Dark Pools News items from Automated Trader

July 4th, 2008 - BATS Trading Inc. announces that Knight Link has been added as a destination for BATS’ Dark Scan.

July 2nd, 2008: FxSpyder LLC has announced that it has completed tests of the program interface that allows retail foreign exchange (forex) traders the means to trade currencies with a variety of forex dealers using its independent API driven trading platform.

June 18th, 2008 - Kx Systems, is celebrating 15 years in business.

June 18th, 2008 - Quantitative Services Group LLC (QSG®) has announced that it has completed an analysis of NYFIX Millennium® execution data using a patent-pending technique that measures the benefits of executing trades on Alternative Trading Systems (ATS), commonly referred to as 'Dark Pools.' The unique QSG analysis technique evaluates the individual trades that comprise a larger order to isolate the 'footprint' or cumulative price change. In this study, QSG also examined the effectiveness of the NYFIX Millennium ATS to deliver value in those stocks with price or earnings momentum characteristics, often considered difficult to trade within traditional exchanges.

June 11th, 2008 - SunGard Customers Given Access to Dark Venue

June 11th, 2008 - NYSE Euronext Advanced Trading SolutionsSM has announced that Credit Suisse Advanced Execution Services (AES ) Crossfinder dark pool will become the first alternative trading system available on SFTI.

May 29th, 2008 - BNY ConvergEx Group, LLC has announced that it has expanded the execution capabilities that it offers its buy-side clients through the launch of a unique new trading desk dedicated to providing complete coverage of all major dark pools.

May 29th, 2008 - Crédit Agricole Cheuvreux North America. has added BNY ConvergEx Group’s VortExSM dark pool as a destination accessible via CrossFire, the firm’s non-displayed liquidity sweep algorithm. The addition of VortEx brings CA Cheuvreux North America's menu of alternative liquidity venues available via CrossFire to 14.

May 19th, 2008 - CA Cheuvreux has joined Euro Millennium, a neutral dark pool of liquidity for pan-European listed cash equities that was launched by NYFIX International earlier this year.

May 13th, 2008 - BNY ConvergEx Group, LLC, announced that it has linked its VortExSM dark liquidity pool with Credit Suisse’s Advanced Execution Services (AES) CrossFinder®. The interface of these two market-leading alternative trading systems will help clients of both firms better address the challenge of finding liquidity in today’s fragmented equity markets.

April 28th, 2008 - NYSE Arca, a subsidiary of NYSE Euronext (NYX), announced new transaction pricing, effective May 1, 2008, that will feature rebates for non-displayed orders and a new "post/take" rate combination for active customers in NYSE-listed (Tape A) securities.